Beale Management has a noncontributory, defined benefit pension plan. On December $31,2024($the end of Beale's fiscal year$),$ the following pension$-$related data were available:

Projected Benefit Obligation $($$ in millions$)$

Balance, January $1,2024$ $ $700$

Service cost $72$

Interest cost, discount rate, $5\%35$

Gain due to changes in actuarial assumptions in $2024(19)$

Pension benefits paid $(35)$

Balance, December $31,2024$ $ $753$

Plan Assets $($$ in millions$)$

Balance, January $1,2024$ $ $770$

Actual return on plan assets $45$

$($Expected return on plan assets, $$50)$

Cash contributions $86$

Pension benefits paid $(35)$

Balance, December $31,2024$ $ $866$

January $1,2024,$ balances: $($$ in millions$)$

Pension asset $ $70$

Prior service cost$$AOCI $($amortization $$7$ per year$)35$

Net gain$$AOCI $($any amortization over $10$ years$)127$

Required:

Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net gain, pension expense, and the net pension asset.

Note: Enter credit amounts with a minus sign and debit amounts with a positive sign. Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$Beale Management has a noncontributory, defined benefit pension plan. On December $31,2024($the end of Beale's fiscal year$),$ the

following pension$-$related data were avallable:

Requlred:

Prepare a pension spreadsheet to show the relationship among the PBO, plan assets, prior service cost, the net galn, pension

expense, and the net pension asset.

Note: Enter credlt amounts with a minus sign and deblt amounts with a positlve sign. Enter your answers In millions $($l$.$e$.,$

$10,000,000$ should be entered as $10).$